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California’s state workforce is bracing for a fight after Democratic Gov. Gavin Newsom told government employees their telework days are nearly over. A memo sent by Cabinet Secretary Nani Coloretti ...
The company announced the changes two days before it plans to lay off 10 percent of its work force, or about 8,000 employees. By Eli Tan Reporting from San Francisco Meta told employees on Monday that ...
The space industry is booming. The falling cost of satellites and launches has stimulated great interest from both the private sector and the military users, while the imminent flotation of Elon ...
Employees have signed petitions against being tracked by A.I. and were trying to figure out who had been let go on Wednesday, as the Silicon Valley giant tries to transform into an A.I.-first company.
The White House recently unveiled a new app to give the public “unfiltered” access to “key priorities,” “historic moments” and “policy breakthroughs.” Now, it’s directing agencies to help install it ...
A former Meta engineer claimed that the tech giant contacted him for an interview in the same week it laid off 8,000 employees. The executive shared the counterintuitive move online, fueling a massive ...
Samsung Electronics Co. will distribute about 40 trillion won ($26.6 billion) to chip employees as a bonus for this year after the company struck a last-minute deal with labor unions to avert a strike ...
Meta CEO Mark Zuckerberg told employees in a Wednesday memo that the company's decision to lay off 8,000 employees is necessary because "success isn't a given." In addition to the job cuts, about ...
More than 35 companies have laid off employees so far in 2026, continuing the trend of significant workforce reductions across a broad range of industries, including tech, media, finance, and retail.
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...
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